S5E1 - The 7 Secrets of the Water Company of the Year you shall Absolutely Steal!
with 🎙️ Reinhard Hübner, CEO of SKion Water, 2021's Water Company of the Year
💧 SKion Water is an international water technology platform, that aims to empower water technology companies to make a difference.
What we covered:
📈 How SKion Water was built from scratch in a decade, to reach about 750 M€ yearly turnover
🛣️ How building a successful water company all starts with choosing your path (and what the options are)
🤑 How cheap money comes with drawbacks and how this can be problematic for water entrepreneurs
🤪 How water market capitalizations totally go through the roof these days (and what to think about it)
☠️ How there's no magical way to skip steps and how it is dangerous to even try
💧 How the water industry is segmented, and how important it is to target the right section of the food chain
🤯 How it might be tempting to see yourself as much more clever than everyone before, and how that can lead to terrible mistakes as a water entrepreneur
🌳 How trees don't grow up to the sky, and how being reasonable on your business expectations is the best way to really deliver
🤝 How it might be tempting to see tremendous synergies between various branches of the water industry... and how those rarely (if ever) exist
🍏 How what matters at the end of the day is less the plan than the way you execute it (and how you might have to go in the trenches)
🧱 All in all, how Reinhard built the 2021 "Water Company of the Year"
💧 How Reinhart almost fell into investing by accident
🍏 The two reasons why one would want to invest in Water (despite all the challenges)
🍎 How SKion's success was born in early, rapid, and spectacular failures
🍏 How the focus is not to acquire companies but to serve the real customer needs (and the foolproof trick to always keep that market pulse)
👝 How the Water Sector's structure is quite unique in terms of company sizes and how a certain one doesn't exist at all
💰 What's the best way to invest in water companies and why
🧍 Who are the best water entrepreneur profiles, why, and how they have to take risks
💸 Water Industry's consolidation frenzy, too much money potentially killing companies, crazy valuations, learning from history, giving atypical companies a chance... and much more!
🔥 ... and of course, we concluded with the 𝙧𝙖𝙥𝙞𝙙 𝙛𝙞𝙧𝙚 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣𝙨 🔥
➡️ Come say hi to Reinhard on LinkedIn
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